Darwinex is a British Forex Broker located in London. Darwinex does not only provide access to the Forex market but also allows investors to invest in trading strategies of other traders. Investors can participate in the performance of those strategies without the need to use signal services or trade copiers.
The single strategies are called DARWIN and can be traded like shares at a stock market - the investor only participates in the performance of a DARWIN as long as the shares are held.
Darwinex is supervised by the Financial Conduct Authority (FCA), the independently acting supervising authority of the United Kingdom.
In case of insolvency, client deposits are protected by the Financial Services Compensation Scheme, the UK's compensation fund of last resort. The current compensation limit is GBP 50,000 per client.
As Darwinex is regulated by FCA, it is obliged to keep the clients' funds on separate accounts, thus ensuring that creditors do not have access to client's deposits in case of bankruptcy. Partial amounts used as a margin at the time of the bankruptcy are not subject to this regulation.
Customer support is available in several languages, the main language being English.
For the opening of an account, Darwinex requires a proof of identity (personal ID or passport) and a proof of address (account or credit card statement, utility bill). Documents can be scanned in and uploaded during the account opening process.
The opening of additional accounts and funds transfers between existing accounts can be carried out online by existing clients.
Deposits on a customer account are possible by bank transfer (1 - 2 business days), by credit card (via Moneybookers, online, real time) or via internet payment services (online, up to one business day). Pay-outs can only be made to the client only; pay-outs to third parties are not permitted.
Liquidity is provided by more than 20 banks and non-banks through Prime Brokers LMAX and SaxoBank.
The trading servers are located in the Equinix datacenter LD4 in London.
Summer time: GMT+0
Winter time: GMT+0
|Spreads:||variable, starting from 0.0 pips|
|Currency pairs:||40, Comodities, Stocks, Indices|
|Decimal places:||five, accuracy 0.1 pips|
|Leverage:||variable, max. 1:30|
|Minimum deposit:||USD 500|
|Minimum contract size:||0.01 lot|
|Account currencies:||EUR, GBP,USD|
|Commission:||USD 5.00 per 100k USD traded (round-turn)|
Deutsch / English